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Updated almost 6 years ago,
Getting Loans on Land Acquisitions???
Hi BP,
I have an opportunity to purchase a 92 Acre plot of beautiful land w/ 3 homes on the land as well in SW Virginia. I own quite a few smaller multifamily investments in this town but have never purchased a larger plot of land like this so i'm looking more in to what I can do with it (build other single family homes, storage, smaller multifamily?)
But my question is, are you seeing that different loans are being lent on for land acqusitions ? Are they loaning buisness loans?
Looking forward to learning a little more about this as its new to me.
Best,
- Cassidy Burns
- [email protected]
- 540-960-1507